State: Unemployment rate stays level from July to August

(TDLWD press release) Statewide
unemployment for Tennessee held steady in August. The latest
statistics released by the Tennessee Department of Labor and
Workforce Development (TDLWD) show the new seasonally adjusted rate
of 3.5 percent mirrors the state’s revised rate from July
2019. Tennessee also recorded an unemployment rate of 3.5
percent during this same time in 2018. Tennessee reached an
all-time low for unemployment earlier this year. For three
consecutive months starting in February, the state had a seasonally
adjusted rate of 3.2 percent.

Employers across Tennessee added 900
new nonfarm jobs to their payrolls between July and August. The most
significant increases occurred in the health care/social assistance
sector, followed by administrative/support/waste services, and local
government. Over the last year, nonfarm employment increased
by 45,900 jobs across the state. The sectors that experienced the
largest gains were leisure/hospitality, professional/business
services, and manufacturing. Across the nation, unemployment
dropped in August. The new national unemployment rate of 3.7 percent
is 0.2 of a percentage point lower than the previous month’s
rate. The
state of Tennessee has compiled a complete analysis of the August
2019 unemployment data and it is available through this link.

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About Jim Harris

Jim Harris has been WYSH's News & Sports Director since 2000.
In addition to reporting local news, he is the play-by-play voice for Clinton High School football, boys' and girls' basketball and baseball.
Catch Jim live weekdays beginning at 6:20 am for live local news, sports, weather and traffic plus the Community Bulletin Board, shenanigans with Ron Meredith and more on the Country Club Morning Show on WYSH & WQLA.
Jim lives in Clinton with his wife Kelly and daughter Carolina, his mother-in-law and cats Lucius and Oliver.